BTER lost $1.75 million worth due to a cold wallet hack

Summary # BTER, a China-based digital currency exchange, experienced a significant security breach on February 14, 2015, losing 7,170 bitcoins valued at approximately $1.75 million. The attack targeted the exchange’s cold wallets. The company has suspended its services and is collaborating with law enforcement to investigate the incident. BTER has also offered a 720 BTC reward, approximately $170,000, for assistance in recovering the stolen funds. Attackers # The identity of the hackers who attacked BTER is unknown. ...